Speech: Where credit’s due: helping our creators and innovators export

Thank you, Mark.

And thank you all for coming here today.

I’m here because we, as a country, have a challenge. But it’s a good challenge!

Yes, we’ve had 5 consecutive years of economic growth.

Yes, unemployment is at its lowest for 40 years.

Yes, exports increased 10% last year.

We exported well over £600 billion last year – on the latest figures, these small islands are the 4th largest exporters in the entire world, and the second-largest exporter of services.

So what’s the challenge?

You see, when it comes to exports we punch above our weight.

But we punch below our potential.

We are a great trading nation. Exporting is one of our strengths.

If we want to sustain jobs and prosperity across the country we must play to our strengths.

But with exporting we’re not playing at full strength.

Exports make up 30% of UK GDP, compared to 46% Germany.

Less than 10% of our businesses export. Now, not all those should – it’s not the government’s job to tell people what’s best for their own business.

But so many more of them could.

If we could get those businesses selling internationally, imagine the difference it would make!

I’ve seen that difference myself: before I went into politics, I spent a decade in the publishing industry as CEO of the Financial Times Group and CFO of Pearson.

Publishing is one of the most export-driven industries in the UK.

And I can tell you first-hand – I found that exporting and operating internationally didn’t just raise our profits and let us access new customers.

It also made us more competitive at home, letting us spread risk and achieve economies of scale, and exposing us to new ideas and practices from other countries.

That’s backed by evidence – exporters are more profitable, more productive and more enduring.

So we need to get those non-exporters exporting – and get our existing exporters to sell more things to more markets.

If we do that, it will be a genuine step change for our economy.

And that’s why our new Export Strategy will be so important.

It’s not enough to just do more of what we’re already doing.

We need to take a strategic look at our export support, starting from first principles; and we need to take an evidence-based approach, to allow us to solve our challenge.

That’s what our Export Strategy is for.

Firstly, it will give us the rigorous analysis, so we know why we aren’t exporting more, where our strengths and weaknesses lie, and where government intervention can make the most difference.

And secondly – it is a strategy. That might sound trivial, but it really is important – it allows us to look across the piece, to see the challenge, and solution, as a whole. That’s the only way we’ll get the step-change in exporting we need.

That means being strategic about how we work as a government, too.

Businesses shouldn’t have to know how government works to get help from the government.

Most of you here today are from business – you wouldn’t expect your customers to be familiar with your own internal structure. If you customers contact the wrong part of the business – you just redirect them.

Government shouldn’t be any different. So one key principle of the Export Strategy will be a “no wrong door” policy – we will work better together as government, so we can work better with you, not the other way round.

It’ll be joined up with the Industrial Strategy, and our drive for a more prosperous Britain – all targeted at creating the right environment and the best base for exporters.

And that leads us on to the second principle, which is that our Export Strategy must be business-led.

We need a strategy run for exporters. The government doesn’t export. Businesses export. Our job is simply to facilitate you exporting – so our export strategy must be designed around you.

It needs to be a strategy designed with exporters. We’re using the Export Strategy is to give us the hard analysis and data to do that better.

We must focus on doing what only government can do – our USPs, if you like – rather than trying to replicate what business already does.

For example, the government has a role providing advice to exporters. But that should complement and not usurp the role of private-sector business advice services.

And the government has a role providing export finance – but that should complement the role of banks and insurers providing cashflow and managing risk.

And when the government does take action, we can work with and through the private sector. That’s why, as of last year, SMEs can now get Export Finance directly from their bank.

We’ll be publishing in the coming months, so let me give you a flavour.

We’ll be focusing on key areas:

Firstly, we will inspire and catalyse companies to export.

Surveys suggest there’s between three and four hundred thousand businesses who could export but aren’t.

Many businesses that do export sell to just one market.

We need to persuade those businesses to look further afield, because people do want to buy British.

As a trade minister I regularly travel abroad – there is no question of the regard in which the UK is held. People are impressed by the quality of our goods and the professionalism of our services.

According to research by Barclays, 61% of people in China, for example, would actually pay more money for a product if it had a Union Jack on it – that’s some reputation for quality.

This underpins our award-winning GREAT campaign, who advertise the benefits exporting can have for businesses across a range of sectors, from education to science to sport. To paraphrase: “if we can, you can”.

And we will promote peer-to-peer learning, so potential exporters can learn from existing ones – as I said, this is about business first and foremost.

Secondly, it means supporting and guiding businesses to export.

Specific advice on our website.

Our network of regional trade advisers is already helping businesses across the country to export; and our network of trade advisers in 108 countries across the world can help companies navigate local markets.

Thirdly, it means working with private providers, using the Connecting power of government to connect businesses with opportunities.

We are appointing 9 Trade Commissioners to promote trade.

But export finance is at the heart.

Almost 1/5th of businesses report concerns about finance or getting paid as being their main barrier to exporting.

And research shows that exporters that have access to trade finance have export volumes as much as 60% higher.

We start from a strong base here – and that’s our best kept secret. As you’ll have heard today, UK Export Finance has the capacity to provide over £50 billion worth of support, in over 60 currencies.

This year, UK Export Finance (UKEF) has been named best export credit agency by both the Global Trade Review and Trade Finance.

We whisper: but we need to shout!

To give some recent examples, UKEF is providing a 270 million Euro loan to support the construction by Colas UK of a new international airport in Kabaale, Uganda.

And UKEF is helping secure at least $250 million of UK exports for two power projects in Iraq, running a supplier fair with lead contractors Enka UK and GE to source suppliers for their projects.

So it’s clear that in UK Export Finance, the UK’s exporters, or would-be exporters, have a truly world-class export credit agency at their disposal.

But we recognise that we have more to do. 75% of SMEs report that they don’t know how to access trade finance – we clearly need to fix this.

So in last year’s Autumn Budget the Chancellor allocated funding to enhance marketing of UKEF services, putting export finance at the heart of trade promotion.

And our new Export Strategy will do even more.

We will encourage these smaller businesses to access UKEF support directly from their banks, giving them fast access to government backing to grow their international business.

We will also capture the value of UKEF’s highly successful supplier fairs, as a draw to international companies to deepen their investment and engagement with the UK supply chain.

We want to use this to make it easier for SMEs to export, by providing a ‘safe’ channel for them to find and bid for contracts on major international projects that are backed by UK Export Finance.

And we are conducting a full review of our product suite – to ensure we can provide the best possible support even as market conditions change.

Step-by-step, we are making sure companies can access the finance they need to sell abroad – so no viable project fails for lack of finance.

This is not a straightforward task – but it is one that, if addressed, will reap invaluable benefits.

Remember – the reason this government prioritises trade and exports isn’t because we start from a low base.

It’s precisely because we start from a high base – exports are 30% of our GDP.

That inevitably makes the challenge more difficult – but it also makes it a challenge worth undertaking.

That’s what the Export Strategy is for.

I can promise you that export finance will be front and centre of our Export Strategy.

But that will only work if you as businesses are front and centre of the Strategy, and if you help in creating the export strategy you need.

That’s my call to you today.

We want to build our Export Strategy with you; and together with you, we can build a nation of exporters.

Thank you.




Speech: Ensuring those who commit human rights abuses in Libya do not evade justice for their crimes

Madam President,

I thank the Prosecutor for her very clear and concise fifteenth report and her briefing to the Security Council today. The work and focus of the International Criminal Court on Libya is extremely important in tackling impunity and making accountable those responsible for serious crimes of international concern, and the Court’s work has the full support of the United Kingdom.

The Prosecutor’s latest report makes clear why the situation in Libya remains deeply troubling. The continued political divisions in Libya have only benefitted certain armed groups intent on criminality, groups which have created an environment of lawlessness, intimidation and fear. This situation underscores the urgent need to break the political deadlock and to bring peace to Libya and its people. It is vital that all parties engage in good faith with the United Nations-led political process.

Madam President,

We must ensure that those who have committed, and are still committing, human rights violations and abuses in Libya, including unlawful killings, do not evade justice for their crimes. The UK has strongly supported resolutions at the Human Rights Council aimed at increasing accountability, and we fully endorse the ICC’s efforts in parallel. The UK also reiterates our call for all parties to cooperate with the ICC in relation to the arrest warrant for Mahmoud al-Werfalli, and for all those- committing acts amounting to war crimes and crimes against humanity to be investigated and held accountable, no matter which side they are on.

The current cycle of violence and impunity must be stopped.

The recent Mission by the Office of the Prosecutor to Libya is an important step, strengthening the focus of scrutiny on those who have acted with impunity. In this regard, we welcome the co-operation of UNSMIL and the Office of the Prosecutor-General in Tripoli with the visiting OTP Mission. We also welcome the Office of the Prosecutor’s work with Member States, national authorities and judiciaries, interested European institutions and the Libyan Prosecutor-General’s Office, following the reports of the appalling mistreatment – and even enslavement – of migrants, to investigate and prosecute these crimes. At the same time, we appreciate the resource constraints under which they are operating in relation to these investigations.

We are grateful for the Prosecutor’s update on the cases against Saif al-Islam Gaddafi, Abdullah Al-Senussi and Al-Tuhamy Mohamed Khaled. We fully support the Court’s call for cooperation from members of the Council, Libya and all states, on the individuals who remain at large for alleged war crimes and crimes against humanity committed in Libya in 2011.

It is crucial that Member States and relevant international organisations work to assist the Libyan authorities in their efforts to build the rule of law in Libya. We, along with our international partners, will continue to work with Libya to provide it with the support it needs to meet the challenges it faces. At the same time, the United Kingdom, as a strong principled supporter of the ICC, will continue to provide our full support to the Prosecutor and her team.

I thank you Madam President.




News story: Dstl scientists inspire more women to choose STEM careers

Defence Science and Technology Laboratory (Dstl) scientists are supporting the WISE (Women in Science and Engineering) conference today, Wednesday 9 May 2018, which aims to inspire more girls to choose to study or work in science, technology, engineering and maths (STEM).

In their roles as WISE Co-chair and Executive Sponsor respectively, Phillippa Spencer and Penny Endersby will be panel members at the annual conference – Penny on a panel about creative career paths and Phillippa looking at “patently biased” – about why so few patents are raised by women.

Dstl is a corporate member of WISE as part of our commitment to a diverse STEM workforce. 30%, and rising, of Dstl’s 3,000 scientists, engineers and mathematicians are women, and we seek best practice elsewhere to improve gender equality in Dstl. We are also committed to sharing our own good practice and experiences in this area, which is why Penny and Phillippa are delighted to be attending this conference.

WISE enables and energises people in business, industry and education to increase the participation, contribution and success of women in STEM.

The UK government’s new Industrial Strategy makes a commitment to invest in science, research and innovation and to do more to commercialise the UK’s world leading science base to drive growth.

Penny Endersby, Division Head at Dstl, said:

I have a very soft spot for WISE having had my first experience of what a life in science and technology might be like as a WISE scholar in my sixth form. The inspiration I took from that experience set me off on a career path which has been fulfilling and exciting beyond what the 17-year-old me could ever have imagined.

I have since learned the importance of providing mentors and role models at every career stage and the power of being encouraged to try new things. I hope that the conference will cause women at all stages in their careers to back their talent and reach for the next challenge.

Read more about the WISE conference.




Speech: Standing in solidarity alongside those who want a more prosperous and stable future for Bosnia and Herzegovina

Thank you Madam President, and congratulations on taking up the Presidency. We wish you every success. Thank you also to High Representative Inzko, and your team, for your objective and detailed reports and for your continued efforts to support the implementation of the General Framework for Peace in Bosnia and Herzegovina. You have the United Kingdom’s full and continuous support.

Madam President, I would agree with my French colleague that today, Bosnia and Herzegovina remains at a crossroads. In the six months since we last met, there has been some small, incremental reform progress, and the reaching of at least two significant milestones. And yet, the vestiges of division continue to mar that progress and to prevent Bosnia and Herzegovina reaching the potential its citizens deserve. I will briefly touch on those two milestones.

First, the International Criminal Tribunal for the former Yugoslavia issued its final judgments in November and, at the end of the year, transferred responsibility to the Mechanism for International Criminal Tribunals. We recognise the tribunal’s achievements, including the first instance conviction of former wartime commander Ratko Mladić of genocide and crimes against humanity. Although Mladic’s conviction will not bring back the thousands who lost their lives, it demonstrates that the architects of suffering will be held to account, giving others around the world hope that there can be justice for appalling human rights abuses. The court has accumulated a wealth of practical knowledge and experience over the 24 years it has been operating. And it is important that the lessons learnt are shared with other international criminal courts and tribunals.

The Tribunal has done ground-breaking work to investigate, prosecute and convict perpetrators of wartime sexual violence. I would like to echo the report of the Security Council Counter-Terrorism Committee in welcoming Bosnia and Herzegovina’s initiatives to integrate women, peace and security in counterterrorism and Countering Violent Extremism (CVE) issues through the development of national and local action plans, and the UK would encourage Bosnia and Herzegovina to continue and intensify its efforts on this trajectory.

Madam President, it is a matter of regret that some political leaders have disputed the rulings of the Tribunal and the decisions of domestic war crimes chambers in the region, and have even made inflammatory remarks about a return to conflict. I agree with my American colleague that we should condemn such rhetoric, which privileges the pursuit of political advantage ahead of the pursuit of justice for victims and a peaceful future for all.

Second, Bosnia and Herzegovina submitted its EU questionnaire earlier this year. We commend Bosnia and Herzegovina for this achievement, which was not insignificant given the complexities of the system being assessed.

But we have been disappointed to see only limited commitment to the difficult but essential reforms that underlie the political commitment to becoming an EU member state.

Now the questionnaire has been submitted, Bosnia and Herzegovina must demonstrate the commitment to uphold the rule of law and to implement agreed reforms.

Among these, as my Dutch colleague has already highlighted today, there is an urgent need to amend the provisions of the Criminal Procedure Code on special investigative measures in order to comply with the Constitutional Court decision of June 2017 and align with international standards. Failure to do so would seriously undermine the fight against corruption and organised crime, put in jeopardy international cooperation, and the security of partner countries.

Madam President, as the High Representative noted, 2018 will also be a significant year for Bosnia and Herzegovina with elections expected in October. However, amendments to the electoral law are necessary so the results of those elections can be implemented. If political leaders fail to agree to amendments, the entire country will be exposed to an unnecessary and serious risk. Political leaders must demonstrate their ability to compromise on a solution without further delay, and move towards European standards.

As elections approach, we see an opportunity for Bosnia and Herzegovina to focus on the future, not the past. Divisive nationalist rhetoric demeans those who use it and does a disservice to the people and the country as a whole. The United Kingdom encourages the political leaders of Bosnia and Herzegovina to demonstrate to their people and the European Union that they are committed to building a better and more secure future for them and their children.

The consequences of Bosnia and Herzegovina’s divisive politics are easy to see. Huge numbers of young people leave every year in search of the political stability and employment opportunities that they are denied at home. The people of Bosnia and Herzegovina deserve better.

As a longstanding friend of Bosnia and Herzegovina, the UK will continue to stand in solidarity alongside those who want a better, more prosperous and stable future for the country, including as Bosnia and Herzegovina pursues Euro-Atlantic integration. The UK’s hosting of the Western Balkans Berlin Process summit in London this summer is a signal of that solidarity and commitment. We remain committed, too, to Operation Althea and the High Representative, including the use of Bonn Powers if the situation requires, until stability and security are firmly entrenched.

Thank you.




Press release: Joint statement from Prime Minister May, Chancellor Merkel and President Macron following President Trump’s statement on Iran

It is with regret and concern that we, the Leaders of France, Germany and the United Kingdom take note of President Trump’s decision to withdraw the United States of America from the Joint Comprehensive Plan of Action.

Together, we emphasise our continuing commitment to the JCPoA. This agreement remains important for our shared security. We recall that the JCPoA was unanimously endorsed by the UN Security Council in resolution 2231. This resolution remains the binding international legal framework for the resolution of the dispute about the Iranian nuclear programme. We urge all sides to remain committed to its full implementation and to act in a spirit of responsibility.

According to the IAEA, Iran continues to abide by the restrictions set out by the JCPoA, in line with its obligations under the Treaty on the Non-Proliferation of Nuclear Weapons. The world is a safer place as a result. Therefore we, the E3, will remain parties to the JCPoA. Our governments remain committed to ensuring the agreement is upheld, and will work with all the remaining parties to the deal to ensure this remains the case including through ensuring the continuing economic benefits to the Iranian people that are linked to the agreement.

We urge the US to ensure that the structures of the JCPoA can remain intact, and to avoid taking action which obstructs its full implementation by all other parties to the deal. After engaging with the US Administration in a thorough manner over the past months, we call on the US to do everything possible to preserve the gains for nuclear non-proliferation brought about by the JCPoA, by allowing for a continued enforcement of its main elements.

We encourage Iran to show restraint in response to the decision by the US; Iran must continue to meet its own obligations under the deal, cooperating fully and in a timely manner with IAEA inspection requirements. The IAEA must be able to continue to carry out its long-term verification and monitoring programme without restriction or hindrance. In turn, Iran should continue to receive the sanctions relief it is entitled to whilst it remains in compliance with the terms of the deal.

There must be no doubt: Iran’s nuclear program must always remain peaceful and civilian. While taking the JCPOA as a base, we also agree that other major issues of concern need to be addressed. A long-term framework for Iran’s nuclear programme after some of the provisions of the JCPOA expire, after 2025, will have to be defined. Because our commitment to the security of our allies and partners in the region is unwavering, we must also address in a meaningful way shared concerns about Iran’s ballistic missile programme and its destabilising regional activities, especially in Syria, Iraq and Yemen. We have already started constructive and mutually beneficial discussions on these issues, and the E3 is committed to continuing them with key partners and concerned states across the region.

We and our Foreign Ministers will reach out to all parties to the JCPoA to seek a positive way forward.